Phil Spencer will be pleased: Microsoft is now worth $ 2 trillion

Company capitalization Microsoft surpassed the $ 2 trillion mark amid recent statements by the Of the Federal Reserve (Fed) USA Jerome Powell… In recent weeks, there has been a collapse in the American stock market.

The global pandemic has become a problem. The world economy is gradually beginning to recover, but inflation is growing instead of GDP. At the same time, there were signals that the Fed may cut measures to support the US economy. However, Powell is confident that inflationary pressures will be temporary and prices will eventually decline. He also considers the acceleration of inflation in the country to 5% unacceptable.

The Fed thinks that it is not worth starting to discuss the issue of raising the key rate in the department. However, ignoring the problem can destabilize the financial situation.

Against this background, the dollar weakened, and the trading volume decreased by 20% compared to May. Against this background, shares of retailers, as well as energy and technology companies grew in price.

So, capitalization Microsoft exceeded two trillion dollars for the first time. For comparison – capitalization Apple now exceeds $ 2.23 trillion. The positions of the trading network are getting stronger GameStop, which raised $ 1.1 billion through the sale of shares, reports Bloomberg

In June Microsoft held an online presentation Xbox & Bethesda Games Showcase, within which 30 games were shown. 27 of them will become available to subscribers Xbox Game Pass.

The company’s share price is also positively influenced by the announcement Windows 11, scheduled for June 24th. As stated by the CEO of Microsoft Satya Nadella, the next-generation operating system will provide new economic opportunities for developers and creatives.

It is possible that we are talking about expanding the functionality Windows Store, which will allow placing any third-party applications for the OS, including Internet browsers, on the site. The verge reports that Microsoft can allegedly allow the integration of third-party platforms in applications and games, which will help partners to save on mandatory commission fees.

Read also: What we think about Microsoft’s performance at E3 2023: GameMAG.ru editors’ impressions

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